FTC approves Microsoft Skype purchase

Reuters reports that the FTC has approved Microsoftâ€™s purchase of Skype.

Microsoft is offering $8.5 billion for the company, and has said they hope to complete the purchase this year still, and then integrate the companyâ€™s technology in their Office and other communication products.

The approval was announced in a listing of deal approvals that comes out several times a week.

The deal will give Microsoft a massive piece of the IM and VOIP pie, but fortunately it appears this did not raise any anti-trust objections.